On the recordSeptember 22, 2020
I think it's--you know, the real thing is the primary market facility, which is where we were going to make loans to those companies, we've made zero loans.
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congress.govJerome Powell: “I think it's--you know, the real thing is the primary market facility, which is where we were going to make loans to…”
Editor's note · Context
Powell discusses the effectiveness of the primary market facility during economic recovery.
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